New York Rangers Extend Ryan McDonagh

Steve Babineau/NHLI via Getty Images(NEW YORK) -- The Rangers took a step towards solidifying their future by extending 24-year old restricted free agent Ryan McDonagh to a six-year extension. The value of the contract is worth $28.2 million and contains a limited no-trade clause for the final three years of the deal.

McDonagh came over to New York from Montreal in a trade back in 2009. He has become one of the Rangers top defensemen.

McDonagh collected four goals and 19 points in 47 games in the 2013 season.

The Rangers have three more restricted free agents -- Derek Stepan, Carl Hagelin, and Mats Zuccarello -- left to re-sign, along with recently acquired Justin Falk.

The deal comes with an annual $4.7 million salary cap charge.

The extension makes McDonagh the fourth highest paid player on the roster behind Rick Nash, Hendrik Lundquist and Brad Richards.